Teradyne Inc
NASDAQ:TER

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Teradyne Inc
NASDAQ:TER
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Price: 87.51 USD -0.76% Market Closed
Market Cap: 14.2B USD

Relative Value

The Relative Value of one TER stock under the Base Case scenario is 130.06 USD. Compared to the current market price of 87.51 USD, Teradyne Inc is Undervalued by 33%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TER Relative Value
Base Case
130.06 USD
Undervaluation 33%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
60
vs Industry
19
Median 3Y
5.3
Median 5Y
5.4
Industry
3.1
Forward
4.3
vs History
38
vs Industry
16
Median 3Y
27
Median 5Y
25
Industry
26.1
Forward
22
vs History
65
vs Industry
19
Median 3Y
27.1
Median 5Y
24
Industry
16.8
vs History
63
vs Industry
14
Median 3Y
40.3
Median 5Y
34.2
Industry
21.5
vs History
98
vs Industry
6
Median 3Y
6.6
Median 5Y
6.9
Industry
2.2
vs History
60
vs Industry
17
Median 3Y
5
Median 5Y
5.1
Industry
3
Forward
4.2
vs History
61
vs Industry
34
Median 3Y
8.6
Median 5Y
8.9
Industry
10.1
vs History
30
vs Industry
21
Median 3Y
20.3
Median 5Y
17.8
Industry
15.4
Forward
16.9
vs History
28
vs Industry
20
Median 3Y
24.5
Median 5Y
20.2
Industry
20.5
Forward
21
vs History
65
vs Industry
20
Median 3Y
25.8
Median 5Y
22.8
Industry
15.8
vs History
52
vs Industry
13
Median 3Y
35.6
Median 5Y
29.2
Industry
20.3
vs History
95
vs Industry
9
Median 3Y
6.2
Median 5Y
6.4
Industry
2.1

Multiples Across Competitors

TER Competitors Multiples
Teradyne Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Teradyne Inc
NASDAQ:TER
14.2B USD 5 26.1 20.2 24.5
US
Brooks Automation Inc
LSE:0HQ1
317.9B USD 489.4 -1 964.7 11 052.1 -5 447.9
NL
ASML Holding NV
AEX:ASML
259.8B EUR 9.2 34.3 25.3 27.8
US
Applied Materials Inc
NASDAQ:AMAT
125.4B USD 4.5 19.8 14.4 15.1
US
Lam Research Corp
NASDAQ:LRCX
97.5B USD 6 22.7 18.6 20
US
KLA Corp
NASDAQ:KLAC
93.9B USD 8.7 29.3 20.3 22.2
JP
Tokyo Electron Ltd
TSE:8035
10.3T JPY 4.4 19.5 13.9 15.1
JP
Advantest Corp
TSE:6857
6T JPY 8.7 43.7 27.6 31.8
CN
NAURA Technology Group Co Ltd
SZSE:002371
223.3B CNY 8 40.8 35.2 35.2
JP
Disco Corp
TSE:6146
3.6T JPY 9.7 30.2 19.6 21
NL
ASM International NV
AEX:ASM
22B EUR 7.5 32.1 21.6 26.9
P/E Multiple
Earnings Growth PEG
US
Teradyne Inc
NASDAQ:TER
Average P/E: 29.8
26.1
27%
1
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -1 964.7 N/A N/A
NL
ASML Holding NV
AEX:ASML
34.3
22%
1.6
US
Applied Materials Inc
NASDAQ:AMAT
19.8
7%
2.8
US
Lam Research Corp
NASDAQ:LRCX
22.7
17%
1.3
US
KLA Corp
NASDAQ:KLAC
29.3
23%
1.3
JP
Tokyo Electron Ltd
TSE:8035
19.5
23%
0.8
JP
Advantest Corp
TSE:6857
43.7
64%
0.7
CN
NAURA Technology Group Co Ltd
SZSE:002371
40.8
36%
1.1
JP
Disco Corp
TSE:6146
30.2
29%
1
NL
ASM International NV
AEX:ASM
32.1
23%
1.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Teradyne Inc
NASDAQ:TER
Average EV/EBITDA: 1 024.4
20.2
23%
0.9
US
B
Brooks Automation Inc
LSE:0HQ1
11 052.1
78%
141.7
NL
ASML Holding NV
AEX:ASML
25.3
18%
1.4
US
Applied Materials Inc
NASDAQ:AMAT
14.4
9%
1.6
US
Lam Research Corp
NASDAQ:LRCX
18.6
16%
1.2
US
KLA Corp
NASDAQ:KLAC
20.3
14%
1.5
JP
Tokyo Electron Ltd
TSE:8035
13.9
23%
0.6
JP
Advantest Corp
TSE:6857
27.6
47%
0.6
CN
NAURA Technology Group Co Ltd
SZSE:002371
35.2
39%
0.9
JP
Disco Corp
TSE:6146
19.6
23%
0.9
NL
ASM International NV
AEX:ASM
21.6
21%
1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Teradyne Inc
NASDAQ:TER
Average EV/EBIT: 24
24.5
26%
0.9
US
B
Brooks Automation Inc
LSE:0HQ1
Negative Multiple: -5 447.9 N/A N/A
NL
ASML Holding NV
AEX:ASML
27.8
18%
1.5
US
Applied Materials Inc
NASDAQ:AMAT
15.1
9%
1.7
US
Lam Research Corp
NASDAQ:LRCX
20
17%
1.2
US
KLA Corp
NASDAQ:KLAC
22.2
15%
1.5
JP
Tokyo Electron Ltd
TSE:8035
15.1
N/A N/A
JP
Advantest Corp
TSE:6857
31.8
N/A N/A
CN
NAURA Technology Group Co Ltd
SZSE:002371
35.2
34%
1
JP
Disco Corp
TSE:6146
21
N/A N/A
NL
ASM International NV
AEX:ASM
26.9
24%
1.1